Bitcoin continues to rise after the Federal Reserve's interest rate decision, but it has now reached a point where caution is warranted, especially as it approaches 87500. The higher it goes, the colder it becomes at the top; the final stimulus often leads to the final madness, followed by chaos. At this time, be cautious about chasing long positions, and even if you decide to go long, be patient and wait for opportunities after adjustments!

With data support, Bitcoin has risen again, but don’t rush to chase it at high levels; this is a principle. In the early session, we will continue to try for a higher opening. If Bitcoin starts to stagnate around 87450 in the early session, an adjustment may be on the way. As for whether to go long afterwards, we will wait to see the magnitude and speed of the adjustment. It is generally easy to pull back after a sharp rise in the early session. Of course, if there is no rapid pullback during the European session, it indicates the beginning of a slight oscillation and accumulation trend, making it unrealistic to expect a significant adjustment. Therefore, we need to find opportunities to go long again, with a focus on the support near the 83000 line!

The market changes rapidly; it’s cold at high altitudes. Don’t easily chase long positions at high levels. Whether we will see a change in trend at high levels, we will take it step by step. If it breaks below the 83000 line, then the opportunities will increase!

Thursday's Bitcoin afternoon suggestion:

Short at the rebound between 86500-87000, targeting the range of 83500-83000!